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$579,000

403 9232 UNIVERSITY CRESCENT

Burnaby · MLS® R3109644

2 bed · 1 bath · 811 sq ft · 1 parking

Condo · Single Family · built 2006 · 180 days on market

Listed by Darya Pfund, Easy List Realty

For more information, please click Brochure button. NOVO 2 North Tower, a well-managed concrete building. This move in ready, 811 sqft NW facing unit features an open-concept living area, in-suite laundry, and 1 parking stall next to the elevator. The 18' long balcony offers a perfect spot to unwind, where you can enjoy peekaboo views of the surrounding mountains. Freshly painted with smooth ceilings and upgraded hickory engineered wood flooring for a warm, "cottage-in-the-woods" ambiance. Close to hiking trails, grocery store, post office, elementary school, shops, restaurants, public transit, and SFU campus. Easy access to Hwy 1. Perfect for a young family or down-sizers looking for a balance between tranquility and urban convenience.

Type: Condo, Single Family
Bedrooms: 2
Bathrooms: 1
Living area: 811 sq ft
Parking: 1
Year built: 2006
Property tax: $1,701 / yr
Strata fee: $473 / mo ($0.58 / sq ft)
Strata rules: Pets Allowed, Pets Allowed With Restrictions
Days on market: 180
MLS®: R3109644

Below typical for the area (-18%)

Price per sq ft: $714 vs $869 median for condos in Burnaby for sale (992)

An estimate from public BC Assessment records, registered sales and the listings for sale right now, not an appraisal. Condition, renovations, views and lot all move real value.

Elevator
Wheelchair access
Pets Allowed
Pets Allowed With Restrictions
All
Intercom

On market 180 days

Listed now: 55 days; median for 992 condos for sale; this one 180 days

Condos in Burnaby. Sale prices register 1 to 3 months after a sale closes.

FloodplainNo
Not within a designated floodplain on the provincial floodplain maps. These maps are historical and don't cover every river or the coast.
Source: Province of BC, Mapped Floodplains in BC
Agricultural Land ReserveNo
Not inside the Agricultural Land Reserve on the provincial map.
Source: Agricultural Land Commission, ALR boundary
HeritageNo
Not on the BC Register of Historic Places or in a heritage conservation area.
Source: BC Heritage Branch, historic places and conservation areas

From public government maps, matched to the listing's map pin. Maps can be out of date or miss a lot line; confirm with the municipality.

$3,137/mo

Mortgage $2,523 · Tax $142 · Strata $473

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.

estimated payment

$2,523/ monthly

loan $463,200

25-year amortization

down payment20% · $115,80020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 7, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $293,594
property transfer tax: $9,580; BC general rate
cash to close: $125,380; down + PTT
total paid: $756,794

Estimates only. Rates change daily and lenders qualify at the stress-test rate; first-time-buyer and newly-built PTT exemptions aren't applied. Talk to a mortgage broker before you offer.

Rent: $2,110/mo
After all costs: −$1,231/mo
Cap rate: 2.7%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $2,523 · tax $142 · strata $473 · insurance ~$35 · vacancy 3% · upkeep 5%.

Rent starts at CMHC's average for a 2-bedroom in North Burnaby, Burnaby (CMHC Rental Market Survey, October 2025). Averages include long-time tenants, so new leases usually ask more; houses usually rent for more than apartments. 25-year mortgage; rental purchases need at least 20% down.

BC rules for landlords

Short-term rentals are limited to the host's principal residence in most communities. gov.bc.ca
Rent increases are capped once a year at the province's set amount. gov.bc.ca
The speculation and vacancy tax applies in many areas to homes not lived in or rented out. gov.bc.ca
Selling within two years of buying can trigger the BC home flipping tax. gov.bc.ca

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